Bristow Group Inc (BRS) Files Form 4 Insider Buying : Ian Godden Buys 10,000 Shares

Bristow Group Inc (BRS): Ian Godden , director of Bristow Group Inc purchased 10,000 shares on Jun 2, 2016. The Insider buying transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.79 per share for a total value of $127,926.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, L. Don Miller (officer ) purchased 3,150 shares at $12.69 per share price.On Jun 2, 2016, Hilary S Ware (officer ) purchased 5,000 shares at $12.61 per share price.Also, On Jun 2, 2016, David C. Gompert (director) purchased 1,400 shares at $12.33 per share price.On Jun 2, 2016, Jonathan Baliff (CEO) purchased 7,600 shares at $12.98 per share price.

Bristow Group Inc: On Friday, Jun 3, 2016 heightened volatility was witnessed in Bristow Group Inc which led to swings in the share price. The shares opened for trading at $12.95 and hit $13.88 on the upside , eventually ending the session at $13.52, with a gain of 5.96% or 0.76 points. The heightened volatility saw the trading volume jump to 17,28,232 shares. The 52-week high of the share price is $60.84 and the company has a market cap of $473 M . The 52-week low of the share price is at $10.81.

Bristow Group Inc Money Flow Index Chart

On May 24, 2016, Bristow Group Inc announced a cash dividend of $0.0700. The company’s management has announced Jun 10, 2016 as the ex-dividend date and fixed the record date on Jun 14, 2016. The payable date has been fixed on Jun 29, 2016.

Company has been under the radar of several Street Analysts.Bristow Group Inc is Upgraded by Barclays to Overweight while Lowering the Price Target of the company shares to $ 20 from a previous price target of $22 . Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Jun 6, 2016.

Bristow Group Inc. is a provider of helicopter services to the offshore energy industry with global operations. The Company has transportation operations in the North Sea Nigeria and the United States Gulf of Mexico and in most of the other offshore energy producing regions of the world including Australia Brazil Canada Russia and Trinidad. It provides private sector search and rescue (SAR) services in Australia Canada Norway Russia and Trinidad and provides public sector SAR services in North Scotland on behalf of the Maritime & Coastguard Agency. It conducts its business in the Helicopter Services segment. Its Helicopter Services segment operations are conducted primarily through five business units: Europe West Africa North America Australia and Other International. It provides helicopter services to a base of integrated national and independent offshore energy companies. It also operates a training business unit Bristow Academy and provides technical services.

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